Greek Bonds to Resume Trading as Luxembourg Exchange Lifts Ban

The Luxembourg Bourse said it authorized a resumption of trading Greek bonds on Friday.

The exchange lifted a suspension on trading securities issued by 25 Greek entities, from government bonds to those of Alpha Bank SA and Hellenic Telecommunications Organization SA, according to a statement.

Trading was halted at the end of June as the Greek government shuttered its financial markets. The nation’s banks reopened on July 20, though limits on withdrawals are only being eased gradually and officials said they will extend the shutdown of its stock and bond markets at least through Monday.

Greek bond trading was scant even before the suspension, with the central bank’s electronic secondary securities market, or HDAT, recording no turnover on the government’s notes in June, according to Athens News Agency.

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